The rapid growth of Russian indices may lead to short-term corrective wave of the market early next week

Stock Market U.S.

Impressive results of aluminum giant Alcoa Inc. together with the improvement of the situation on the labor market in the U.S., were the main catalysts for positive mood of the American stock market. At the same time continuing decline of the dollar as currency once again have a positive impact on the quotations of gold. Shares Abercrombie Fitch Co., Limited Brands Inc. and Macy's Inc. became leaders of growth among retailers after the sales report companies, surpassed the expectations of participants. Paper builders Lennar Corp. and D.R. Horton Inc. added to the end of trading on 8%, after Finance Minister T. Geithner made it clear that the housing market continues recovery, and the White House N. Pelosi expressed confidence that Congress will provide a number of tax incentives for home buying.

Russia's stock market

Domestic stock market is very likely to take some pause after the previous three days of growth, but they probably could complete the last day of the trading week in positive zone. Thus, the growth potential of a major amount of liquid stocks continues. At the same time, macroeconomic statistics in the face of balance of trade in the U.S. in the second half of the trading day can bring their own adjustments, supporting the confidence of participants waiting to increase that as a consequence of the falling dollar. However, it should be noted that the rapid growth of Russian exchange platforms can eventually lead to a short-term corrective wave of the market as earlyas next week. This event is likely to become regular support to further implement the MICEX index 1400p.

European stock market

European stock exchanges have completed the growth of trading on Thursday thanks to the gains of mining companies against the backdrop of record high gold prices and the decision of the European Central Bank left key interest rate unchanged. Positive indicators of aluminum giant Alcoa, has opened a new season of corporate accountability, also influenced the behavior of European equity markets. Pan-European index of blue chip on the FTSEurofirst 300 rose 1.12 percent to 999.87 points. The ECB today kept the refinancing rate at 1.0 per cent per annum, as expected by most analysts. New record price of gold has been made following the weakening of the dollar helped shares of mining companies. Quotes Vedanta, Anglo American, Antofagasta, BHP Billiton, Lonmin, Rio Tinto and Xstrata added 2,1-4,7 percent.

FTSE-100 45.74 0.90%
DAX 75.79 1.34%
CAC40 50.4 1.34 %

Asian stock market

Asian markets retain a positive attitude, together with the MSCI Asia Pacific Index due to a general feeling of investors conducive to global companies involved in the process of economic recovery. Samsung Electronics Co. - Raised at the auction of almost 5% after the price of high-tech components has grown to eighteen months highs. Record gold prices have enabled shares Zijin Mining Gold Co. - Up to 10% in trading in Shanghai, after the market opening after eight days. Electric Power Development Co. - Decreased by 2.4% in Tokyo, leadership among public sector companies.

NIKKEI 225 183.92 1.87%
HANG SENG INDEX 9.93 0.05%
SHANGHAI SE A SHARE INDX 138.98 4.76%
SHANGHAI SE B SHARE INDX 6.89 3.56%
KOSPI INDEX 31.33 1.94%
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Analyst Ratings


Mainland China is growing more than 4%
End of the week promises to be busy on macroeconomic data
Parliament of Ukraine has appointed Peter Poroshenko Foreign Minister
Cabinet has encouraged foreign currency loans
Ukrprom wants to return Alpha-Oil
Financial crisis: By the end of the salary will drop significantly

Economists believe that the end of the year, real wages podtayut at 10-11 %…


Due to a slight strengthening of the dollar, after a prolonged weakening, the RTS index looks better MICEX Index
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Factor Friday, investors will have the desire to partially fix for the week earned good profit

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